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In particular, Warren disputes the claim that “monopoly capitalism” represents the ultimate stage of senile capitalism and sets out to refute the notion that imperialism is a regressive force impeding or distorting economic development in the Third World. The book argues on the contrary that direct colonialism powerfully impelled social change in Asia and Africa, laying the foundation for a vibrant indigenous capitalism. Finally, it takes issue with the conventional view that postwar economic performance in the Third World has been disastrous, presenting a powerful empirical case that the gap between rich and poor countries is actually narrowing.
Closely argued, clearly written, original and iconoclastic, Imperialism: Pioneer of Capitalism is a compelling challenge to one of the chief tenets of contemporary socialist politics.
“This book is likely to be the centre of theoretical, empirical and political controversy for some years to come.”—Third World Quarterly
“Bill Warren’s study of imperialism is clearly one of the most stimulating and compelling books of recent years.”—Worker’s Life
“This book, clearly written, original in content and logic, iconoclastic and tightly argued, presents a compelling challenge to many of the chief tenets of contemporary liberal and Marxist thinkers/activists.”—Humboldt Journal of Social Relations